Secro

Secro is a US-based software-as-a-service (SaaS) company founded in April 2021 by Michele Sancricca, Luke Zadkovich, and Ed Floyd. The company's name blends the concepts of 'Security' and 'Escrow', reflecting its mission to simplify and secure global trade with digital, legally compliant workflows.

The founding team's vision was shaped by extensive experience in the maritime and supply chain industries. CEO Michele Sancricca's background includes roles as the Head of Worldwide Technology for Supply Chain and Logistics at AWS, Head of Supply Chain Solutions at Amazon Global Mile, and Director of Business Transformation at MSC (Mediterranean Shipping Company). This experience, combined with his time as a Lieutenant Commander in the Italian Navy, provided deep insight into the friction and inefficiencies of traditional, paper-based trade.

Secro offers an AI-enabled, blockchain-based platform, Secro Core, that digitizes mission-critical trade documents like bills of lading, warehouse receipts, and letters of credit. This process of creating tokenized digital instruments allows for secure, real-time collaboration between parties in the commodities supply chain, such as traders, logistics providers, and financial institutions. The platform is designed to reduce transaction risks, lower capital costs, and mitigate fraud by replacing manual, paper-based workflows. Secro's system is legally underpinned by frameworks like Singapore's Electronic Transactions Act, which recognizes electronic bills of lading, allowing transactions to occur without private rulebook agreements. The company's technology has received patent protection in the US and Switzerland.

Headquartered in Charleston, South Carolina, with technology operations in Europe and an EMEA hub in Geneva, Secro serves sectors including agri-food, fertilizers, oil & energy, and metals. The company operates on a SaaS business model, and its platform is designed to integrate with clients' existing ERP and trade management systems via an API-first architecture. Since its inception, Secro has raised a total of $18.2 million over three funding rounds. A key milestone was a $10 million Series A round in May 2025, co-led by Assembly Ventures and Sway Ventures, with participation from strategic partners like Wilhelmsen and Signal Group. The capital is intended to accelerate integrations, enhance global API interoperability, and advance the platform's AI capabilities for risk assessment and fraud detection.

Keywords: digital trade finance, electronic bill of lading, supply chain technology, trade documentation, SaaS, blockchain in trade, commodity trading, maritime logistics, fraud prevention, global trade automation, tokenization, eBL, cross-border trade, fintech, digital negotiable instruments, workflow automation, trade risk management, secure trade collaboration, paperless trade, supply chain finance